Dealroom.co – Germany Tech Update, Q4 2024

Summary

German startups raised $8.2B in 2024. VC investment in Germany was up 4% compared to 2023. German startups raised $1.5B in Q4 2024. Q3 2024 was the highest quarter for German VC investment in over two years. Early-stage VC investment has slowed somewhat in Germany. Breakout-stage investment was highest in Q3 in 2024, with over $1B. There were 22 late-stage rounds in Germany in 2024, up from 18 in 2023. Energy was the top funded sector in Germany in 2024. For the second year running, Energy was the most funded startup sector in Germany, followed by Enterprise Software and Health.

Region: Global

Published: February 2025

Author(s): Dealroom.co

Language: English

Tech drivers: AI Cybersecurity and privacy

Geopolitical drivers: Economic conditions

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